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Ambev: 2Q Earnings Snapshot

Ambev: 2Q Earnings Snapshot

Associated Press

SAO PAULO (AP) _ Ambev SA (ABEV) on Thursday reported second-quarter earnings of $645.8 million.

The Sao Paulo-based company said it had net income of 4 cents per share.

The beverage company posted revenue of $3.21 billion in the period.

Ambev shares have dropped 21 percent since the beginning of the year.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ABEV at https://www.zacks.com/ap/ABEV